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cisco will be out with earnings momentarily. looking for 48 cents on the bottom line and 12.06 billion on the top line. this is a true bellwether in the economy, isn't it, matt cheslock? >> absolutely. trading up near highs in cisco so we'll see how much they will really have to do to produce but one major index that hasn't hit the high is the nasdaq. looking for the techs to lead. hasn't been apple or intel or microsoft. maybe cisco is the one to take us to new highs. >> the leader today which was positive, amazon, comcast, our parent 100% now and facebook, so, you know, it's the new technologies that are leading the way here. >> facebook had a nice turnaround after they came out and said they sold apple and buying this one. a big move late in the day but the nasdaq has been positive all day and think that could be the new leader to take us to new highs. >> going well off the lows of the day, the dow down 38 points, the s&p and nasdaq positive. stand by for the very important cisco earnings on the second hour of the closing well with maria. see you tomorrow. >> and it is 4:00 on wall
, action begins. breaking news on corporate profits from big players. dow components, cisco, we have whole foods, amat applied materials, and metlife. ashley: going behind the numbers with two big ceos. the stock falling, buffalo wild wings ceo, sally smith, makes the case to investors on why the company 1 set to take off, and the ceo of choice hotels says forget china, europe, i say europe is where the growth is. liz: okay. we've heard that. we'll see. first, what drove the markets in today's data download. a mixed day, but more green than red in the last couple minutes here. nasdaq snapped a two-day losing streak, and s&p 500 eking out gains, but dow unable to maintain yesterday's momentum. falling into the red, industrials and materials were today's top performing sectors, and telecom and financials lagged. metals, platinum driving higher, widening the premium to gold to a 17-month high, renewed concerns that supplies will shrink boosting the metal 12.50 # an ops after a $21 jump yesterday for platinum. platinum used in the auto industry, not just for earrings anymore. retail sales grow
journalism school in the country, bar none. >> thank you. wall street gears up for cisco's system numbers, out with earnings after the bell, shares up 20% since cisco last reported back in november. the sleeping giant woke up. will they dazzle the street again? a preview straight ahead. later, okay, you have to hear the story. want to invest in real estate without worrying the volatility of the market? we'll taking you to countdown college for a solution, a special kind of real estate investment trust. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva ndihaler tiotropium bride inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicine
of the day right now but also following these stories on today's ram. the ceo of dow component cisco will be with us. john chambers will join us moments after the company reports earnings. will the results move us closer or further away from a new high? plus a lot more to get into with the always outspoken john chambers. >> he's terrific and how is this for an odd couple. facebook founder and ceo mark zuckerberg having new jersey republican governor chris christie over to his house tonight. >> here's a clue. >> knew you would like that. >> serve lots of food. >> give me a break, bill. >> a live report and we'll explain what's behind this unlikely friendship. >> also. it will be one more day until that carnival cruise ship is towed into port. a total tragedy, and now there's a dispute about conditions on board. carnival saying it's fine but passengers saying it's a nightmare. we'll get a firsthand account from the ship. >> let's kick off the final hour of trading. enter the final stretch and the markets are mixed. dow jones industrial average down about 61 points. that's off the worst
, cisco systems on tech spending. government orders not what they used to be for routers and switches, and european buyers watching euros and cents. john chambers is live on how to fulfill the promise to energize earnings. treasure in the trash. making money on what others throw away, especially on valentine's day. the dough in the hands of shareholder, company upping dividends again. waste management ceo joins us live in a fox business exclusive. "countdown to the closing bell" begins right now. ♪ good afternoon, everybody, i'm liz claman, the last hour of trading, and with the largest food acquisition on record to spike the markets, trading mixed in a narrow range. u.s. airways, we have turbulence there. it is down about 8% and change. this, as the rumor becomes the news. u.s. airways merging with asr, parent of american airlines, the deal that creates the world's largest character. sketchers off to the races, shares are skyrocketing here, a nice move of 12%, the maker of mens and women's footware with whether or not blowout numbers, and we got the shoes, yeah, thanks to strong de
been a native population has been killed or decimated. >> the santa cisco public utilities commission public utilities commission says what they were called out saturday afternoon workers discovered it was an aging 60-inch pipe that broke >> we isolated the the pipe as quickly as the good which means we closed the house in an attempt to receive dues the pressure to reduce the flow and into the creek >> workers added chemicals to neutralize and are continuing to release water upstream from the crystal springs reservoir to dilute the chlorine. >> the pipeline is part of the regional transmission system. workers just confirmed they found 400 dead fish so far and there could be more. the hope to have the valves completely shut off within the next 24 hours. live in san mateo carol lou tpu >> tim cook is downplaying shareholder lawsuit against the company. and the best the company filed the suit last week and proposal to offer more shares three new class of preferred stock. it should be returning more cash to investors. at a confident it is as good called the lawsuit a silly sideshow. >>
a company. i sat with gary xhins co-on 1999 when we talked about cisco being overpriced and lose ent and they marched another 50%. stocks eventually go to their free cash flow. if you look atp john deere, microsoft, you look at cisco over the last 13 years, all tripled their revenues and all tripled their earnings, and yet you lost money on microsoft and cisco and you made -- and you tripled your money on deere. this is what's going to happen to amazon. amazon has a business model that's great for customers. it's great for its executives, but investors are generating no free cash flow. their business model is to sell goods a little bit above cost and the earnings are wiped up. sales have gone from 6 million to 80 billion in the past ten years, and nobody is making any money off of it. >> maybe they are not, bob, concerned about profits right now and are instead focusing on growing revenue, and this firm is growing revenue consistently. is that a bad strategy? >> it is a bad strategy. look at macy's, okay? amazon's a retailer. you have to give money to your shareholders as well. you h
-off or big rally lies ahead. cisco sees the light. the company topped its earnings targets after the close. cisco ceo john chambers notes that 2013 is off to a slow start but sees early signs of improvement in europe. and democrats are working on a new bill that could replace the $85 billion in automatic spending cuts that take effect march 1st if there is no deal. time now for a look at what traders have to say about the day. joe cusik joins us for that. he is from options express. good morning joe. we had earnings after the close coming in from cisco. what is your first thought? > > you know what, cisco came in, they did what they expected. the thing is that they diversified their revenues from the switching and routing, and now they are looking at that i.t. infrastructure. so, that actually could bring revenues a little bit more rapidly, even though there was a drop-off. obviously the hard part is that while the macroeconomic trend has been positive, they are heavily saturated in europe. we want to see that pipeline start to pick up as far as usage. but they are diversifying, and their
chance to find your heart in santa and cisco with someone special. -- san francisco with someone special. our first look out is here at buena vista park, a favorite with couples and dog walkers. both have a significant force. a refreshing retreat from urban life. the romantic past that meander up and down the park under pines and eucalyptus. hang out in this environment and you might see butterflies it, fennel, and then the lines. -- dandelions. is ada accessible. public transit is plentiful. we have conquered the steps, we have watched the dogs, and we have enjoyed a beautiful view. this is a place to take someone special on a romantic stroll and enjoyed a beautiful look out. welcome to corona heights located in the heart of this district. it offers a view of the downtown skyline, the bay bridge, and the east bay. it is one of the best kept secrets in the city. it is hardly ever crowded. on any given day, you will run into a few locals. , bought a 37 bus to get there without any parking worries. for legged friends can run freely. there is also a patch of grass for the small box. >> it i
and streets in seven cisco is to visit some of the cities. stre ets in san fran cisco is recently i visited cities in europe. one of the segments of the population that needs a lot of attention are our seniors. i was little bit late for this meeting because i went to kaiser to pick up my prescription. i saw two seniors fall in the middle of the road right there by gary. you should go there and walk by gary and see. there are -- in the road, near a hospital. you don't have to go far. we have this bond magic, this that and the other thing, but the primary utilities keep trashing our roads and not fixing them. when i looked at the presidio, created the infrastructure group over there, and had some sense of how we have to maintain our infrastructure and our roads. one of the things that we don't have here is we don't have a schedule. even though dbw will want to do whatever they want to do they have no control over comcast or pg&e. when looking at our vehicles, our cars and trucks that ply our roads, there are certain areas where we have had again and again pedestrians colliding with their
program. with us today is seven cisco postmaster rog cingara (sounds like). >> thank you for that kind introduction. i want to thank you for being with us today and for your support of the united states postal service. i know you have important business in washington to attend to. something about an inauguration. i really appreciate your taking the time out here today and inviting us us to city hall and being part of the celebration. thank you claudine. as always your support and your assistance have been instrumental and it is very much appreciated. thank very much. and thank you all for joining us here today. this is an auspicious ceremony in this beautiful city of san francisco where for the second year in a row now we have been the official first day of issue city for the lunar new year stamp. i might also add that for out of the six stamps in the series san francisco has been chosen three times to be the official city. we must be doing something right in san francisco. i am honored to represent the postal service. today is an exciting service. we are proud to celebrate our
of anti-trafficking. we are waiting for mayor lee. my name is nancy goldberg, cochair of the seven cisco collaborative against human trafficking. i wanted to introduce my past chair, and my new cochair. when i tell people of my involvement their shock to hear that san francisco is in major definition of human trafficking. they think it is people from other parts of the world. there are also so many right here, from our own bay area communities. in the city that is out of human trafficking we are also committed to being an agent of change. i want to give you a brief history of sf cat, san francisco collaborative against human trafficking. in response to what we saw is a growing problem, four organizations formed up in 2008, the jewish coalition against human trafficking; national council of jewish women, jewish reel fund, -- we then realize would needed a wider coalition in order to be more effective we reached out to a large variety of the government sectors. in february 2008 the jewish coalition held a conference against human trafficking which included agencies such as the
of this company? names like cisco, dell, oracle, hewlett-packard. but continued weakness in i-t spending is taking a toll. the stock is following following its earnings release. coming up exclusively we've got the ceo. about his plan on acquisitions and he will see better times ahead. david: don't you love to look at this number? 14,000? thank god we're backed. last year's super bowl was the most watched tv show in history. advertisers taking advantage of this. mercedes-benz usa are showing us how they are spending big bucks to promote their lowest priced car ever. we'll tell you exactly how low. go daddy's executive chairman, nobody does a super bowl commercial like godaddy. they will tell us how to use people to drive us to the web again. >> wow!. ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who
that companies have billions in overseas accounts and it's perfectly legal. >> google, apple, ebay, yahoo, cisco. they're some of the biggest names in silicon valley. but they're also among the companies who have avoided paying billions in federal and state taxes. mat drains poured over documents submitted to the suc by 50 largest companies in silicong5 >> we found almost all of them are doing the same thing. >> 47 reported having assetsddg overseas that were permanently reinvest add loug them to legally avoid reporting the money as taxable u.s. income. >> a lot of the money is not. it's a lot of times the company chooses u.s. investments and things like that. >> those are just some of the ways companies defer payments indefinitely. five company as kted for more than two thirds of the $225 billion in accumulated foreign earnings last year. top u.s. tax rate is 35% but a review of the last three years of financial records found that some silicon valley companies are paying lower global tax rates. apple reported $40.4 million -- billion in holdings overseas. ebay, $10 billion overseas, google, $2
above the poverty line. but can his state of the union plan work? >> susie: tech titan cisco reports strong earnings and record revenues, but the company's c.e.o. says the tough economy is dragging down results. and alamos gold, goes digging for investors, on wall street. it made its trading debut here at the big board. that and more tonight on "n.b.r."! >> susie: everyone from american workers, to business leaders, and investors had a strong opinion today about the minimum wage. they were reacting to president obama's proposal to increase the minimum wage to $9 an hour, up from $7.25. the plan was unveiled in the president's state of the union address last night. and today it re-kindled a nation-wide debate of whether the measure would help or hurt workers and businesses, and the economy. darren gersh reports. >> reporter: supporters of a higher minimum wage increase point to studies showing little impact on employment after the pay at the bottom of the job market goes up. one reason is that employers may actually come out ahead when they are forced to pay workers more. productivity
is expected tomorrow morning. we'll get more details. from cisco systems tonight the san jose networking giant reported earnings above wall street expectations. but cisco ceo john chambers, 2013 is starting off slowly. cisco shares down by about 2% in after hours trading. hollywood is coming to silicon valley. owen wilson and vince vaughn who play google interns in "the internship." they talked up the movie, shot a trailer and answered questions about what it was like to hang out at google. busy time for apple lawyers. today a second lawsuit filed against the cupertino company by a share hoeholder focusing on executive compensation. no immediate comment from apple. apple also in the spotlight tonight thanks to a shoutout from the president last night. the ceo tim cooke and the first lady, president obama suggested that apple could be one of many companies to manufacture jobs back to america. today we ask is silicon valley up to the task? from robots that help doctors perform surgery to solar panels that help us save energy. manufacturing already exists in silicon valley and now that president
of seven cisco has open space provisions that protect our property far greater than this the restriction that many properties don't have this type of restriction. so the state is going ahead and moving forward requiring that restriction. we are asking that you recommend to the board of supervisors to authorize the director of real estate to file the deed restrictionand folsom. >> supervisor wiener: i do have a question. you may not be able to answer. this is a wonderful project. it's an exciting project. i know that there are issues whether there will be a large fence around the project that will physically separated from the surrounding neighborhood. i wonder it has been any discussion so that you can meet the park security needs without physically separating the neighborhood. maybe you can report to us back later. >>: i am deputy director for park planning. yes there was discussion about the fence that i do not know what the final resolution was but i can get back to large.reduced to be more integrated into the neighborhood. >>: thank you. >>: i will open it up for public comme
at seven cisco. thank you to the chief of police, the chief of probation, carmen chu, and we appreciate everyone being here including the district attorney's office for being part of this cause. thank you. (applause)
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for cisco systems: $12.1 billion. that gave the networking equipment maker earnings of $0.51 a share, in its fiscal second quarter, the results were $0.03 ahead of estimates. on the earnings call with investors, cisco predicted earnings for the current quarter at $0.49 a share, right in line with analyst estimates. and c.e.o. john chambers said the company will get more active on acquisitions. on wall street today, blue chip stocks lost momentum, pulling back from their five-year highs. investors were discouraged by a report showing consumer are spending less, we'll have more on that in a moment. by the closing bell, the dow was off 35 points, the nasdaq rose 10, and the s&p added almost a point. our guest tonight says worries about the gridlock in washington, is also weighing on investors. he's robert doll, chief equity strategist at nuveen asset management. >> susie: bob, let me start by first getting your take on president obama's state of the union address last night. was there anything that he said that makes you want to change your investment strategy or change your thinking about inve
. cisco systems, a damper weighing on the dow, one of the reason the dow's in the red, down one and a quarter percent. had quarterly numbers, and, basically, weak sales over in europe is one of the things that plagues cisco systems. it's done here today and dragging object -- on the dow. back to you. >> thank you, pricewaterhousecoopers has their survey, and turns out executives are more on the mystic -- on the mistake than last year, you compared to what? joining us is the chairman with details from the survey. you know, i sort of read through this and thought they are more optimistic. half the ceos you spoke to think the economy's going to stay flat. >> right. >> that's better than last year. the outlook then was it was going to contract. >> the reality is it's a relative discussion. are they more optimistic or less pessimistic? last year, half thought the economy was going to come down. half this year think it's staying the same. it's a different frame of mind in thinking about the opportunities going forward. >> consumers and consumer sentiments, a lot of people think it's t
cisco, get his reaction to last night's report and comments from ceo john chambers. plus, a deal meant for valentine's day. a merger in the skies, a tie up between amr and us airways. expected to be officially announced at some point this morning. we'll have the details about the sky miles to mileage when we return. before cdw virtualized it.rk how? cdw and hp networking implemented a virtual application network that reduces the time to deploy cloud applications from months to minutes. with fewer bottlenecks like this. finally. charles! client golf. aim for the lake. really? all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-8
the stock higher any time soon. it's not going to help us. fourth worst, cisco. i think cisco could be a big winner in 2013. even as the stock is acting terribly courtesy of john chambers when it reported last. i have never in all of my years of following cisco seen this stock at such a discount to all the other stocks in the s&p 500. it's a meager ten times earnings for heaven sake. frankly, that's ridiculous. i think this stock has the best chance to flip from dow lead to dow lead. third anchor on the dow, walmart, which rallied 65% with dividends. this is a tough one because the stock has moved so much lately that i regard it as overextended on a chart basis, especially after the company's squeamish outlook. like alcoa, do not look for too much near term help from walmart to power the dow through the all-time highs. second worst is exxon. this company's much too revered for my taste. the $400 billion, not growing reserves much at all and that's the key metric for oil. paid top dollar at the near all time high and offers a meager 2.5% yield. again, i don't think exxon's going to do anythin
interesting tour of elevators in sanford cisco. we have all gotten into an elevator, the doors have closed, and it has carried us to our destination. have you ever wondered how elevators were -- work? we check out the need outside the elevator using current technology and we learn about the latest destination elevated technology all here in san francisco. we will also visit the machinery where all the behind- the-scenes gears control these incredible machines. we are very fortunate today to have an expert with those who is going to walk us are around elevators in san francisco. can you tell us about the history of elevators in san francisco? the measure -- >> sure. the history of elevator technology evolves with the city. first elevators were installed for moving materials in the 1860's. in the 1870's, the first passenger elevator was installed, and that allowed building heights to go up to about seven floors. starting in the 18 eighties, 1890's, the first electric elevators were installed. that allowed for buildings to go up even higher, even more than 10 floors, and those were the first
celebrated in baltimore into the early hours after their team beat this entrant cisco 49ers before-31 -- the san francisco 49ers 34-31. there was a power outage for about half an hour. the biggest game of the season was staged in new orleans in the saints -- same stadium which housed thousands seeking shelter from hurricane katrina in 2005. >> it was a game that came down to the last two minutes. ravens were walking away with the first half. then there was a half-time break and a 35-minute power outage. then the 49ers seemed to send a new team back out on the field. this was the battle of brothers -- john harbaugh and jim harbaugh. in the end, the baltimore ravens won by 3 points, 34-31. this was the first opportunity to showcase new orleans since 2005, when hurricane katrina wiped out much of this town, putting it under 16 inches of water. since then, the cut -- the city put $336 million into the superdome. more people have come back after leaving following hurricane katrina. the winners on the field might have been the baltimore ravens. outside the field, it was new orleans. >> some
they are getting into the networking equipment market which cisco dominated for a long time. >>> fox con, the maker of iphones will support union elections across china. the company employs a million people, mostly in huge factories. the decision follows a series of recommendations from a internationals panel hired by apple after allegations of poor working conditions, low pay and suicides. >>> six californian whose worked help better the state were honored today in sacramento. [ cheers and applause ] >> the foundation handed out grants to three non-profits. one developed the mission asset fund that injects capital into areas ignored by big banks. >> when people have no access they have to pull resources and that is how they build credit. >> each was awarded $125,000. >>> after the break a deadly shooting near a family, friendly festival, what may need to change to keep it safe. >> our number one priority is public safety. >> sometimes it pays to be a loser. why losing bidders for the california california's high- speed rail will still get paid. >> and i am tracking the rain and the weather when we
,000. chris worked as a design manager at cisco making a lot more money. >> a bit more than i am now. >> many companies value people who have done community service. so working for so called peace corps for geeks can only help. >> it was my chance to be in oakland. they're not working inside city hall heerk it was my chance to give back to the city that i love. >> and there are two other bay area cities that are involved in this program. cheryl? >> thank you so much. did you know that it is safer internet day? security experts say that now is the time to take a second look at our internet pass words. identity theft tops the list of consumer complaints. cyber criminals going after our personal and financial information. the best way to stop them have different pass words for different sites make them hard to guess. >> think of a phrase. >> first letter of words combine that, add characters now you've got something almost impossible to get and personalized to use maybe easier to remember. >> google has set up a web page to teach how to stay secure online. you can find a link on abc 7
cisco area is the third most tested area in the united states. washington dc topped the list. so so continuing coverage on the differences go 40 niners pick just two days after the heartbreaking loss they were there at the 40 niners complex. they cleared out their lockers. they look back on sunday's loss against the baltimore ravens. >> lesser e-book we made some progression. from where we were. and this year we wanted the next step. it was all about progression. the head coach at the those sentiments in the final news conference. he also praised the ravens and pointed out that most teens do gets behind those points was by 40s. it was a must to print store in baltimore. they celebrated the victory with a parade and the thousands of people lined the streets. they want to see the body trophy. he thanked the fans for all their support. >> it is bringing in experts to try to pinpoint what caused the 34 minute power outage during the third quarter of the super bowl. documents had surfaced that they spent a million dollars on electrical upgrades before the game. those upgrades came after
a lot are now? experts say you haven't seen anything yet. technology giant cisco expects monthly bills will be $40 higher by 2017. that is because americans will be using about eight times more data by then. connection speeds expects to be three times faster. you may be able to get a table cloth and silver wear with that big mac next time you visit mcdonalds if a franchise down under catches on. a mcdonalds in australia is separating itself but offering more elegant dining. this startsed off as something special for his parents. other customers saw and asked for the same level of service. the elegant mcdonalds will test out the idea for five weeks, so far they say customers seem to like it. >> oh. fancy. >> would you like silverware with that fry? >> a reminder abc 7 is the only base to wax oscars. you can get ready is w.our official oscars app too. this app available for anddroid and kindel fire. >> sandhya patel is bundled up on the roof its cold. >> the sun is going to be a thing of the past. winter about to pay us a visit. cold showers and low snow levels. let me show you what it l
. >>> this is a area news. just a small piece of metal stop one of santa and cisco's cable cars in its tracks. scenting passengers flying. no walker in the city with a look at the small metal bolts that stop the cable car. >> reporter: that accident happened feet from where i him standing. those cars that are parked are there for routine maintenance. i asked while they purveyor. denver parks they are because of a cable car accident earlier today. the streets of san francisco are a picture postcard but nowhere you've ever see that or hear this. >> the people were crashing into each other. i heard a scream. >> reporter: a cable car accident injured ten people at the the car hit a boat launched into the tracks. >> it stopped the car did. we lost one person. >> reporter: three people got medical treat it and to operators went to the hospital with non- life-threatening injuries. a fire department spokeswoman said one of the patients went cold free. explaining the man was elderly. tonight the police investigations team are looking into how the bolt got onto the track and why the ca
. completed all of the required training to the city and county of seven cisco, brown act, sunshine act; once i completed my commission appointment process i immediately began to mentor two young women through the commission process and excited to report that both women received a mission appointments in their respective jurisdictions, sacramento county and the city of berkeley. i enjoy my public service and he will entrust me with another term i promise to remain committed and expand my service to the city and county of san francisco. thank you very much. any questions? >> this is a question that i ask of all of the applicants, particularly for property where four units or less, and its residential. sometimes i get e-mails from homeowners that are getting the property reappraised and how it would be frustrating as far as the length of time to hear back in the financial hardship they may endure during the time period. >> many members of the public come to the hearing process. they are either unprepared, or don't know what to bring to the hearing process. we use it as an opportunity to educa
Search Results 0 to 49 of about 789 (some duplicates have been removed)